Breaking News: Economy

Bussiness

Fed recap: Chair Powell gives the September rate cut signal traders were hoping for

Admin - July 31, 2024

Powell says a potential September rate cut would be apoliticalFederal Chair Powell said a rate cut at the September meeting would be unrelated to...

Bussiness

U.S. economy grew at a 2.8% pace in the second quarter, much more than expected

Admin - July 25, 2024

Economic activity in the U.S. was considerably stronger than expected during the second quarter, boosted by a strong consumer, government spending and a sizeable...

Bussiness

IMF upgrades UK growth forecast in another boost to new Labour government

Admin - July 16, 2024

Seen through the branches of trees in Ruskin Park are the lit porches of terraced period homes and in the distance, the growing development...

Bussiness

Britain’s largest water utility placed under special measures as it grapples with $19.7 billion debt pile

Admin - July 11, 2024

Engineers from a Thames Water leak hunting team unloads equipment from their van during a night shift in London, UK, on Wednesday, May 2,...

Bussiness

UK economy returns to growth in May, beating expectations as British pound hits four-month high

Admin - July 11, 2024

City of London skyline on 10th June 2024 in London, United Kingdom. The City of London is a city, ceremonial county and local government...

Jobs

Here’s where the jobs are for June — in one chart

Admin - July 5, 2024

Health care and social assistance have been a key component of the labor market recovery since the pandemic. Ambulatory health services added 22,000 jobs...

Bussiness

Goldman Sachs upgrades UK growth forecast after huge Labour election win

Admin - July 5, 2024

Skyline view of the City of London financial district.Mike Kemp | In Pictures | Getty ImagesLONDON — Goldman Sachs on Friday upgraded its growth...

Jobs

Treasury yields little changed ahead of key jobs report

Admin - July 5, 2024

U.S. Treasury yields held steady on Friday as markets reopened after the July 4 holiday and investors awaited the latest nonfarm payroll data.At 3:27...

Jobs

Friday’s jobs report expected to show slowing payroll gains as concern rises about broader economy

Admin - July 4, 2024

Job seekers attends the JobNewsUSA.com South Florida Job Fair held at the Amerant Bank Arena on June 26, 2024 in Sunrise, Florida. Joe Raedle |...

World

France’s far right looks headed for victory in the first round at the polls. Here’s what that means

Admin - June 28, 2024

Jordan Bardella, President of the National Rally (Rassemblement National), a French nationalist and right-wing populist party, speaks to over 5,000 supporters at his final...

Jobs

Here’s where the jobs are for May 2024 — in one chart

Admin - June 7, 2024

Job growth in May was surprisingly strong, pushing back on lingering fears of a broader economic slowdown and likely slowing the Federal Reserve's rate-cutting...

Bussiness